ONE LIBERTY PROPERTIES INC

One Liberty Properties, Inc. operates as a self-administered and self-managed real estate investment trust focused on acquiring, owning, and managing a geographically diversified portfolio of industrial properties throughout the United States. The company trades on the NASDAQ under ticker symbol OLBK and maintains its website at www.1liberty.com.

As of December 31, 2025, One Liberty Properties owns 103 properties comprising approximately 11.8 million square feet distributed across 30 states. The portfolio generates $82.7 million in 2026 base rent with a 98.5% occupancy rate based on square footage. Industrial properties represent the dominant segment, accounting for approximately 80.9% of 2026 base rent, while retail properties comprise 14.6% and other property types including office, theaters, and fitness facilities represent 4.5%.

The company's investment strategy emphasizes acquiring industrial properties in secondary and tertiary markets with limited new supply or other barriers to entry. One Liberty Properties targets fully leased properties providing periodic rent increases and conducts thorough fundamental real estate analysis combined with tenant credit quality evaluation. The portfolio includes properties leased to tenants with global or national presence, including FedEx, Northern Tool, NARDA Holdings, Havertys, Ferguson, and Toro Company, which collectively represent approximately 21.7% of 2026 base rent.

One Liberty Properties finances its operations through a combination of non-recourse mortgage debt and a revolving credit facility. As of December 31, 2025, the company maintains $522.5 million in mortgage debt with a weighted average interest rate of 4.88% and weighted average remaining term of 5.8 years. The weighted average remaining lease term across the portfolio is 4.4 years.

The company operates with nine full-time employees, including five executive officers, supplemented by additional personnel providing services through a compensation and services agreement with Majestic Property Management. One Liberty Properties pursues a disciplined acquisition and disposition strategy designed to increase stockholder value through opportunistic industrial property acquisitions, effective portfolio management, and strategic property sales while maintaining and increasing dividends over time.